Eldredge, Inc.
Eldredge, Inc. is located in West Chester, PA, and the SBA lists its industry as Hazardous Waste Collection. It was approved for an SBA 504 loan ($1,102,000 SBA portion) on November 29, 2023 to finance real estate or equipment.
SBA 504 loan, approved Nov 29, 2023
- SBA (CDC) portion
- $1,102,000
- Bank portion
- $1,349,000
- Estimated project size
- $2,723,333 (estimated)
- Estimated owner equity
- $272,333 (estimated, about 10% of the project)
- Bank lender
- Meridian Bank, Malvern, PA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- November 29, 2048 (estimated, approval date plus term)
- First disbursement
- Mar 13, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 562112, Hazardous Waste Collection
- Project location
- Chester County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-6
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Average expansion loan in Hazardous Waste Collection: $1,171,500.
- Average expansion loan in Pennsylvania: $2,212,724.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
Is this your company? Claim or correct this listing. See Corrections.